Panagiotis Ganelis (@pan__gan) header
Panagiotis Ganelis (@pan__gan) profile picture

Software Engineer | Blockchain | Basketball

Amsterdam
Joined May 2019
Photo by Panagiotis Ganelis (@pan__gan)Photo by Panagiotis Ganelis (@pan__gan)Photo by Panagiotis Ganelis (@pan__gan)Photo by Panagiotis Ganelis (@pan__gan)
Panagiotis Ganelis retweeted
Cryptography has never mattered more. As AI and sensitive data grow together, who gets to see what is a central question. FHE offers an answer: computing on data that stays encrypted. Since 2020, FHE.org has grown from one meetup into a global community 👇
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That’s crazy. Hopefully, we’ll see similar breakthroughs in medicine as well, allowing us to live longer and healthier lives with a smaller environmental footprint
Last month, we demonstrated high-rate alchemy: turning mercury into real, stable gold, beating CERN’s record by a factor of 10. Last week, we enriched isotopes in the world’s most powerful plasma centrifuge, beating the Soviet record that stood for 40 years. Now, we’re building a fusion reactor in San Francisco to achieve record power density.
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Sad to see. Open source and communities are what brought us where we are today.
Due to AI, I have disabled external pull requests on all my repos. Open source, as we have known it, was fun while it lasted. (It’s been 15 years for me) I will still maintain projects and handle issues.
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Finally someone saying it with its name. All nice technologies (AI, blockchain, Cloud and hardware) are currently being misused from humanity terribly.
It is crazy how a technology that has the potential to cure cancer, alzheimer's, and who knows what else is so universally hated outside of rich tech. How did Sama and Dario so thoroughly fumble this? How did they not see telling everybody they're going to lose their jobs every few months and now we might (👉👈) accidentally kill everyone isn't a winning strategy?
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What a time to be in tech 😕
If I am reading this correctly, Tristan Buckmaster is alleging OAI has a resolution of Navier-Stokes(via Córdoba and Martínez-Zoroa’s program) which maybe used info from Buckmaster and Levent Alpöge’s private Codex sessions What the fuck is happening!!!
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Panagiotis Ganelis retweeted
We got GPT 6 Before GTA 6
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Panagiotis Ganelis retweeted
Tell your friends Zama is building for blockchains what HTTPS was for the internet.
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Old school move
We heard you. And we agree. In light of recent developments in physical media, GitHub is proud to announce that you can now obtain your public repo on CD-ROM. Keep it. Lend it to friends. Pass it on to your children. Your code is physically yours, forever. Until you lose it, let's be real. Order yours today. gh.io/cd
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Panagiotis Ganelis retweeted
Let's be honest. None of us knew what this did before LLMs. set -euo pipefail
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The end is so close 💥
Update 5:05 PT: The attack has now expanded well beyond @TanStack and @Mistral. 373 malicious package-version entries across 169 npm package names, including @uipath, @squawk, @tallyui, @beproduct, and more. The malware propagates by stealing your CI credentials and using them to publish new compromised versions. Full IOCs, affected package list, and detection steps: aikido.dev/blog/mini-shai-hu…
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Panagiotis Ganelis retweeted
Zama is now supported natively by the @OpenZeppelin relayer, making it easy for developer to start building confidential applications. Making confidentiality the new default onchain will require great tools and integrations across the ecosystem. This is our primary goal for 2026. openzeppelin.com/news/openze…
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Panagiotis Ganelis retweeted
Since the beginning of the year, there has been one crypto kidnapping every 5 days in France. This time they abducted a 10 year old kid and his mother. French police forces are thankfully incredible, the problem is that everything else is dysfunctional so this wont stop anytime soon. And yet, the government is now asking anyone with more than 5k in crypto to declare their wallets. Same government that had people in it SELL this data to criminals! Encrypt your wallets
🚨🇫🇷 Un enfant d'une dizaine d'années et sa mère enlevés en Bourgogne pour extorquer une rançon crypto au père. Les ravisseurs réclamaient plusieurs centaines de milliers d'euros en crypto au père, entrepreneur du secteur. Ils connaissaient le montant exact de son portefeuille, ce qui oriente l'enquête vers une fuite d'information. Le GIGN a localisé les victimes mardi matin dans une chambre d'hôtel du Val-de-Marne, après plus de 20 heures de détention. Aucune rançon versée, plusieurs suspects interpellés grâce au véhicule des victimes. La France enregistre désormais un enlèvement crypto tous les 5 jours depuis janvier 2026.
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Panagiotis Ganelis retweeted
Our FHE library continues to evolve 🔐 v0.4 of OpenZeppelin x @zama Confidential Contracts is here. This version ships BatcherConfidential: private, aggregate routing between confidential tokens and non-confidential swaps.
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Panagiotis Ganelis retweeted
This changes the game when it comes to attack surface if true. Meeting people in person used to be incredibly risky for hackers to do, but now it’s being used as a tool. There are prevention steps one could have taken for each misstep, but the issue is now looking systemic.
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Today is a monumentous day for quantum computing and cryptography. Two breakthrough papers just landed (links in next tweet). Both papers improve Shor's algorithm, infamous for cracking RSA and elliptic curve cryptography. The two results compound, optimising separate layers of the quantum stack. The results are shocking. I expect a narrative shift and a further R&D boost toward post-quantum cryptography. The first paper is by Google Quantum AI. They tackle the (logical) Shor algorithm, tailoring it to crack Bitcoin and Ethereum signatures. The algorithm runs on ~1K logical qubits for the 256-bit elliptic curve secp256k1. Due to the low circuit depth, a fast superconducting computer would recover private keys in minutes. I'm grateful to have joined as a late paper co-author, in large part for the chance to interact with experts and the alpha gleaned from internal discussions. The second paper is by a stealthy startup called Oratomic, with ex-Google and prominent Caltech faculty. Their starting point is Google's improvements to the logical quantum circuit. They then apply improvements at the physical layer, with tricks specific to neutral atom quantum computers. The result estimates that 26,000 atomic qubits are sufficient to break 256-bit elliptic curve signatures. This would be roughly a 40x improvement in physical qubit count over previous state-of-the-art. On the flip side, a single Shor run would take ~10 days due to the relatively slow speed of neutral atoms. Below are my key takeaways. As a disclaimer, I am not a quantum expert. Time is needed for the results to be properly vetted. Based on my interactions with the team, I have faith the Google Quantum AI results are conservative. The Oratomic paper is much harder for me to assess, especially because of the use of more exotic qLDPC codes. I will take it with a grain of salt until the dust settles. → q-day: My confidence in q-day by 2032 has shot up significantly. IMO there's at least a 10% chance that by 2032 a quantum computer recovers a secp256k1 ECDSA private key from an exposed public key. While a cryptographically-relevant quantum computer (CRQC) before 2030 still feels unlikely, now is undoubtedly the time to start preparing. → censorship: The Google paper uses a zero-knowledge (ZK) proof to demonstrate the algorithm's existence without leaking actual optimisations. From now on, assume state-of-the-art algorithms will be censored. There may be self-censorship for moral or commercial reasons, or because of government pressure. A blackout in academic publications would be a tell-tale sign. → cracking time: A superconducting quantum computer, the type Google is building, could crack keys in minutes. This is because the optimised quantum circuit is just 100M Toffoli gates, which is surprisingly shallow. (Toffoli gates are hard because they require production of so-called "magic states".) Toffoli gates would consume ~10 microseconds on a superconducting platform, totalling ~1,000 sec of Shor runtime. → latency optimisations: Two latency optimisations bring key cracking time to single-digit minutes. The first parallelises computation across quantum devices. The second involves feeding the pubkey to the quantum computer mid-flight, after a generic setup phase. → fast- and slow-clock: At first approximation there are two families of quantum computers. The fast-clock flavour, which includes superconducting and photonic architectures, runs at roughly 100 kHz. The slow-clock flavour, which includes trapped ion and neutral atom architectures, runs roughly 1,000x slower (~100 Hz, or ~1 week to crack a single key). → qubit count: The size-optimised variant of the algorithm runs on 1,200 logical qubits. On a superconducting computer with surface code error correction that's roughly 500K physical qubits, a 400:1 physical-to-logical ratio. The surface code is conservative, assuming only four-way nearest-neighbour grid connectivity. It was demonstrated last year by Google on a real quantum computer. → future gains: Low-hanging fruit is still being picked, with at least one of the Google optimisations resulting from a surprisingly simple observation. Interestingly, AI was not (yet!) tasked to find optimisations. This was also the first time authors such as Craig Gidney attacked elliptic curves (as opposed to RSA). Shor logical qubit count could plausibly go under 1K soonish. → error correction: The physical-to-logical ratio for superconducting computers could go under 100:1. For superconducting computers that would be mean ~100K physical qubits for a CRQC, two orders of magnitude away from state of the art. Neutral atoms quantum computers are amenable to error correcting codes other than the surface code. While much slower to run, they can bring down the physical to logical qubit ratio closer to 10:1. → Bitcoin PoW: Commercially-viable Bitcoin PoW via Grover's algorithm is not happening any time soon. We're talking decades, possibly centuries away. This observation should help focus the discussion on ECDSA and Schnorr. (Side note: as unofficial Bitcoin security researcher, I still believe Bitcoin PoW is cooked due to the dwindling security budget.) → team quality: The folks at Google Quantum AI are the real deal. Craig Gidney (@CraigGidney) is arguably the world's top quantum circuit optimisooor. Just last year he squeezed 10x out of Shor for RSA, bringing the physical qubit count down from 10M to 1M. Special thanks to the Google team for patiently answering all my newb questions with detailed, fact-based answers. I was expecting some hype, but found none.
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Panagiotis Ganelis retweeted
BREAKING Zama becomes the native confidentiality layer for T-REX Ledger, the RWA infrastructure backed by Apex Group (servicing $3.5T in assets) and targeting $100B in tokenized assets by June 2027.
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